'Weakened' Maersk paying a heavy price for its lack of fleet growth
MSC is flawlessly emulating dethroned rival Maersk’s old strategy by aggressively expanding its fleet and ...
Even as some factory production restarted in Shanghai this week, new data has shown a “near-doubling” of port congestion across China since the latest lockdowns began.
According to predictive intelligence company Windward, there were 506 container vessels waiting outside Chinese ports on 12-13 April, compared with 470 in March and 260 in February, before the first major lockdown began in Shenzhen.
The company said: “Lockdowns in China are heavily impacting the congestion outside the country’s ports, as the number of container vessels ...
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